https://www.taxtmi.com/caselaws?id=412689 The ITAT allowed the appeal, overturning the additions made by the AO and confirmed by the CIT(A) regarding the sale proceeds of equity shares. The judgment emphasized the genuineness of the transaction supported by documentary evidence and direct banking channels, leading to the deletion of the disputed amount from the assessee's income. en-us Wed, 22 Sep 2021 00:00:00 +0530 Fri, 24 Sep 2021 07:19:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412689 The ITAT allowed the appeal, overturning the additions made by the AO and confirmed by the CIT(A) regarding the sale proceeds of equity shares. The judgment emphasized the genuineness of the transaction supported by documentary evidence and direct banking channels, leading to the deletion of the disputed amount from the assessee's income. Case-Laws Income Tax Wed, 22 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412689